"Silver Iron Head Short Sellers" Take Profits on Silver Short Position Reaching $7.8 Million, Close-out Average Price $79.2 per Ounce

MarsBitNews · 2026-03-17T04:45:22+00:00

On March 17, Hyperinsight detected that silver in U.S. stocks rebounded from 77 dollars to 81 dollars during intraday trading. A whale involved in the "silver iron head air force" closed its 7.8 million dollar short position at 79.2 dollars in the early morning, realizing a profit of approximately 140,000 yuan. This whale is one of the largest silver short positions on-chain and still holds multi-million dollar scale BTC long positions and ETH short positions.

MarsBitNews

2026-03-17 04:45:22

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Mars Finance News: On March 17, according to Hyperinsight monitoring, U.S. stocks recovered from intraday declines in silver, rising from $77 to above $81. The “Silver Iron Head Short Army” (0x61ce) on Hyperliquid saw a significant reduction in unrealized gains, then fully closed its 20x leveraged SILVER short position in the early morning at an average price of $79.2. The position was previously about $7.8 million in size, with an unrealized profit of approximately $140,000. This whale previously became one of the largest on-chain silver shorts with a position of $35 million. It also currently holds long positions in BTC worth tens of millions and short positions in ETH.

BTC0.58%

ETH2.4%

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